(ET)
State-owned utility Power Grid Corporation on Thursday said it has bagged an inter-state power transmission project under a tariff-based competitive bidding, which would benefit Rajasthan and Madhya Pradesh. “Power Grid Corporation has been declared as successful bidder under tariff-based competitive bidding to establish inter-state transmission system associated with LTA (long-term access) applications from Rajasthan SEZ Part-B on a build, own, operate and maintain (BOOM) basis,” according to a BSE filing by the firm.The letter of intent (LoI) was issued to Power Grid Corporation of India on September 11, it added.
